Category Archives: Property plant and equipment

Knocking our socks off? – the unappreciated possibilities of IFRS disclosures

Posted on March 30, 2010 by admin

by John Hughes Tom Selling, in his consistently intriguing and educational Accounting Onion blog, recently published some thoughts about the FASB and IASB’s “preliminary views” exposure draft on their joint financial statement presentation project, and in particular on the FASB … Continue reading →

Posted in Disclosure, Financial literacy, IFRS, Property plant and equipment, Provisions, United States | Leave a comment

IFRS: the New Year State of our Union

Posted on January 2, 2010 by admin

by John Hughes So now that we’ve passed the transition date for calendar-year companies, where are we collectively on the transition to IFRS? I can only comment from my own limited experience and what I’ve heard anecdotally, but to a … Continue reading →

Posted in Audit Committees, Financial literacy, IFRS, Property plant and equipment | Leave a comment

Componentization: pain for gain?

Posted on December 15, 2009 by admin

by John Hughes If we rank the IFRS standards in terms of their conversion cost for Canadian companies, then the clear winner seems to be IAS 16 Property, plant and equipment, in particular for the dreaded topic of “componentization.” It’s … Continue reading →

Posted in IFRS, Property plant and equipment | Leave a comment